UK Stocks-Factors to watch on July 12 (updated)

Carillion

12/07/2022 07:51

(Adds news stories)
    July 12 - Britain's FTSE 100  .FTSE  index is seen opening
lower with futures  FF1c1  down 0.44% on Tuesday.
    * Anglo American: Quellaveco copper mine in Peru, owned by
global miner Anglo American  AAL.L  and Japan's Mitsubishi Corp
 8058.T , has started production of copper concentrate, the
Japanese trading house said. urn:newsml:reuters.com:*:nL1N2YT0A7
    *Plus500: Plus500  PLUSP.L  forecast its annual revenue and
profit ahead of market expectations, as online trading platforms
benefited from a surge in market volatility on the back of the
Russia-Ukraine crisis. urn:newsml:reuters.com:*:nL4N2YT189
    *Kistos: Trading company Kistos  KIST.L  made public its
proposal to combine with Serica Energy  QZ.L  which was rejected
by the oil and gas firm, in a deal that could have valued it at
about 1.04 billion pounds ($1.23 billion). urn:newsml:reuters.com:*:nL4N2YT193
    *COST OF LIVING CRUNCH: British shoppers cut back on
spending for the third month in a row and sales volumes fell by
the most since they were hit hard by the COVID-19 pandemic as
surging inflation squeezed the economy, an industry survey
showed on Tuesday. urn:newsml:reuters.com:*:nS8N2RN03J
    *FINANCIAL WATCHDOG: Starting in January 2024, company
directors will have to give investors stronger reassurance that
annual reports are free of fraud after collapses at retailer BHS
and builder Carillion, Britain's accounting watchdog said on
Tuesday. urn:newsml:reuters.com:*:nL8N2YS34X
    *INFLATION: Bank of England Governor Andrew Bailey said on
Monday he still thought inflation was likely to fall sharply
next year, broadly in line with forecasts the British central
bank presented in early May. urn:newsml:reuters.com:*:nL8N2YS43J
    *LABOUR DISPUTE: Train drivers at eight British rail
companies have voted in favour of strike action in a dispute
over pay, the train driver's union said on Monday as the threat
of more disruption looms across Britain's transport
network. urn:newsml:reuters.com:*:nL1N2YS1CD
    *DATA SECURITY: Britain should review the use of WhatsApp,
private emails and other messaging apps by ministers and
government officials after an investigation found "inadequate
data security" during the COVID-19 pandemic, its data protection
watchdog said on Monday. urn:newsml:reuters.com:*:nL1N2YS19D   
    * FTSE 100: UK's internationally-focussed FTSE 100 was
subdued on Monday as a weaker sterling and defensive stocks like
healthcare and utilities offset the weakness in mining stocks
over worries about fresh COVID-19 curbs in China and the energy
crisis in Europe.  urn:newsml:reuters.com:*:nL4N2YS1FJ
    

    * For more on the factors affecting European stocks, please
click on:  LIVE/     
    TODAY'S UK PAPERS
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

 (Reporting by Sinchita Mitra and Hani Kollathodi in Bengaluru)
 ((Sinchita.Mitra@thomsonreuters.com;))